In this edition of TT Live Josh Finch, Logistics Risk Manager, sits down with Kerime Huseyin, Senior Claims Executive, to talk about maritime risk. This episode considers General Average, salvage, loss of cargo and causes of wreck.
In this episode Mike Yarwood, Managing Director Loss Prevention and Josh Finch, Logistics Risk Manager, sat down to discuss how customer demands can impact logistics operations - posing threats that you may not immediately consider in your risk mitigation strategy. The two consider ways in which you can make your operations safer, more secure and more sustainable. If you would like to hear more advice on supply chain security, listen to our other episodes!
Thorough understanding of your supply chain counterparties and, specifically, the full nature of any cargo being accepted into transport is a matter central to TT’s Cargo Integrity campaign. Now there’s welcome endorsement from five US regulatory agencies.
The global logistics and transport industry is facing unprecedented challenges in achieving material carbon emissions reduction. This now-accepted necessity for humanity has highlighted that the industry is estimated to contribute approximately 20% of emissions and this is likely to continue to grow at speed.
While the container sector has experienced increase in ship size of some 1,500% over the last 50 years, there have also been significant increases for other ship types, including cruise and car carriers. Regardless of future trends, the risk elements for port operations are writ large. Combining this with changing weather patterns around the globe, safety for navigation and mooring in ports are dynamic issues.
Seven years on from the Paris Agreement, as society transitions away from the use of fossil fuels to provide the energy to sustain industrial, business and domestic life aimed at reducing global carbon emissions and tackling climate change, ports, terminals and logistics operators find themselves at an energy crossroad .
The European Union's Import Control System 2 (ICS2), a cornerstone of customs security and safety, is poised for its third release on 3 June 2024. This evolution brings significant changes and enhancements, geared towards augmenting efficiency, optimising risk management, and bolstering the protection of EU citizens and the internal market.
In this edition of TT Live Josh Finch, Logistics Risk Manager, sits down with Guillermo Cancio, Senior Claims Executive, to talk about strategic theft in North America, a growing trend we have picked up on in recent years. Guillermo explains how organised crime organisations have been manipulating current systems that are available, to portray themselves as legitimate motor carriers, and stealing cargo from the depot right under the nose of everyone involved. Advice is provided for those in the ...
It is obvious that ports are pivotal nodes in international supply chains. However, within each setting there will be a broad range of responsibilities and relationships, some statutory or regulatory, some commercial or operational. As a result, there will be an array of terms and conditions to be considered. It remains important to consider standard trading conditions to provide a framework that helps mitigate risks, streamline processes, and foster fair and efficient trading environment....
Alerts were raised in the UK in mid-2023 about a potential serious safety risk arising from the use of Reinforced Autoclaved Aerated Concrete (RAAC). While this particular building practice appears to have been widely adopted in public structures (for example schools), it is possible that it has been applied in port or warehouse facilities in some parts of the world.
In containerised transport it is easy to assume that everything that happens to the cargo between the point when it is packed to the point it is unpacked is within the responsibility of the carrier. The reality is that this will depend on the precise terms of the contract of carriage for any period when the international carriage regimes do not specifically apply.
Security at ports and terminals is vital to protect cargo, other assets and workforce. However, the typical size and layout of a port (especially container terminals) can make monitoring difficult, since the line of sight may be obscured by cargo, buildings and plant or equipment. Similarly, the physical distance sometimes required to travel across the facility, compounded by the potential disruption to automated operations, adds to the challenges.
Hosting special events at your premises can be an effective means - particularly for ports - to engage positively with your local communities. This can create greater levels of transparency and improve common perceptions about your activities, as well as generate new income streams - all while serving to demonstrate a commitment towards social elements of an ESG policy.
Join TT Club's Managing Director Loss Prevention, Mike Yarwood, and Risk Management Director, Peregrine Storrs-Fox, as they discuss key risk areas for the transport and logistics industry. In this edition Mike and Peregrine discuss the risks of transporting lithium batteries as well as supply chain security concerns.
Ports, terminals and similar facilities use a wide range of handling equipment assets to serve the global supply chain in the movement and storage of cargo. Given the nature of the operations, these assets regularly see significant wear and tear over their service life. Therefore, to ensure safe and efficient operations, management must be able to make informed decisions based on the condition of their assets.
Safety of trucks on the high way is a paramount concern for the transport industry, impacting not only the lives of drivers but also all road users. It is imperative that industry stakeholders prioritise and uphold stringent safety measures. This article delves into one aspect of truck safety: unplanned uncoupling.
Focus in maritime transport has been turned towards the safe transport of microplastic pellets following well-publicised incidents. While the debate rages as to how to mitigate the risks to the maritime ecosystem, those arising through the entire freight supply chain need to be recognised.
In the past six months, two important appellate court decisions in the United States (in the Seventh and Eleventh circuits) have come down in favour of the freight brokerage industry on the issue of whether negligence claims against freight brokers are pre-empted by the Federal Aviation Administration Authorization Act (F4A).
The biennial cycle of maritime dangerous goods regulations, the next Amendment of which enters mandatory application on 1 January 2024, provides a valuable opportunity to consider the trajectory of changes or improvements in safety for the freight supply chain.
An interesting challenge to established English law relating to responsibility under CMR for excise duty where goods are lost or stolen. Strongly maintaining the existing English law position, particularly post Brexit and VOCID, bring welcome certainty to the logistics industry.
Recent years, not least consequent on Brexit, have seen greater opportunities for logistics operators to provide customs related services to their customers. While potentially new and lucrative revenue streams, these services do not come without risk as TT has highlighted previously. In what precise capacity an operator acts will affect the potential liability exposure. In this edition, we take a look at risks applicable European Union wide, but specifically relating to a series of challenges id...
The global supply chain is fraught with potential risks, so disputes are perhaps inevitable. The exposure to financial consequences can be minimised, however, by maintaining a robust risk mitigation policy. Risk mitigation extends not only to the proactive steps taken to improve operational safety and security, but also to ensuring, from the outset, that adequate contractual protections are in place.
Safety culture encompasses the shared values, beliefs, attitudes and behaviours regarding safety within an organisation. If reflects the collective commitment to creating and maintaining a safe working environment for all individuals involved. A strong safety culture goes beyond mere compliance with regulations and standards; it fosters a proactive and continuous effort to identify and mitigate risks, prioritise, safety and promote well-being.
Compliance with regulations and related requirements is a given for all businesses. Failure to comply will place your business in an extremely difficult position, should a serious incident occur. However, adherence with the law should be seen as the baseline in the context of developing a mature safety culture. Furthermore, achieving the minimum may not ultimately be good enough for your business.
TT has been seeking over decades to deliver on its inherent mission to be at the heart of the global transport and logistics industry, and to make the industry safer, more secure and more sustainable.
For 25 years, this newsletter has communicated to the global transport industry information and guidance, highlighting a wide range of topical issues that the industry has faced. Rightly, safety has frequently been the focus of discussion. The industry will inevitably continue to face both existing and as yet unknown challenges.
The English Court of Appeal confirms the Commercial Court decision clarifying the application of time-bars in relation to deliveries made after discharged from the ship. Further appeal has been denied, so this case bring welcome certainty, albeit clearly decided on specific contractual wording and factual situation.
Over the last 25 years, the global container transport industry has undergone significant economic and safety developments. As with so many aspects of life, many such developments are incremental and have faced various head-winds, such that highlights from this last quarter century may not necessarily be strong indicators of future trends.
Reaching a 300th edition is a significant milestone for any monthly publication, but much is still to be done, working together with the industry to ensure so far as is reasonably practicable that TT Club supports, highlights upcoming challenges, identifies emerging trends and considers the yet unknown risks that the industry will face.
Security is key for container terminals and ports generally. The threat horizon is vast, incorporating cargo theft, illicit trades, alongside operational safety and the prevention of terrorist attacks. Inevitably, account is needed of both land and water interfaces.
